Global

We find Fintech news from around the world and share it with you here.

SEBA Bank, Hashkey Group, Form Partnership to Boost Digital Asset Adoption in Switzerland, Hong Kong

SEBA Bank and HashKey Group have formed a partnership that aims to boost digital asset adoption in Switzerland and Hong Kong. According to a corporate statement, a Memorandum of Understanding (MOU) has been signed between the two firms. The agreement is for HashKey to become… Read More

Euro Banking Association Report Explores Use of Real-Time Data in Corporate Liquidity Management

The Euro Banking Association (EBA) released a report on “the use of real-time data in corporate liquidity management based on research by the EBA.” The objective of this paper is “to provide insight into how some companies already use real-time data in the liquidity management… Read More

Commerzbank Choses Nets, Part of European PayTech Nexi Group, to Develop Solution for Payment Card Processing

The agreement with Commerzbank is a key milestone for the issuing solutions business of Nexi in Germany. Commerzbank has chosen Nets, part of the European PayTech Nexi Group, in order “to develop a streamlined and scalable solution for processing credit, debit, and prepaid cards which… Read More

Nubank Extends Mobile Insurance Coverage with Protection for Digital Transactions

Nubank, which claims to be one of the world’s largest financial services platforms, announces the additional protection for fraudulent digital transactions “as part of its Nubank Celular Seguro insurance.” Still in the testing phase for a little portion of the customer base, the coverage “will… Read More

VeChain Seeds Sustainability Initiatives in Europe with Multi-Year ATP Partnership

VeChain Foundation San Marino was pleased to debut as a silver partner of the Nitto ATP Finals, the grand finale of the ATP Tour, where the eight best tennis players in the world competed “for the final singles and double titles of the year, taking… Read More

Nomura Selects Quantifi for its Structured Credit Models

Quantifi, a provider of risk, analytics, and trading solutions, today announced it has been selected by Nomura Holdings to support its structured credit team. Nomura, a global financial services group with an integrated network spanning over 30 countries, “offers credit trading and structured credit solutions… Read More

The Bank of London Appoints Marc Jenkins as Chief Financial Officer UK

The Bank of London, which claims to be the next-generation technology company and the “world’s first” purpose-built global clearing, agency, and transaction bank, announced the appointment of Marc Jenkins as Chief Financial Officer UK – SMF 2, “subject to regulatory approval, and Member of the… Read More

Genesis Global Makes Enhancements to Low-Code Software Development Platform

Genesis Global, the low-code application development platform purpose-built for financial markets organizations, announced significant platform enhancements “making it faster and easier for software developers to build user interfaces, aggregate and integrate data and manage enterprise applications.” The Genesis platform “helps developers to build robust applications… Read More

Paydock Powers E-Commerce Solution from Australian Banking Group CBA

PAYDOCK, the payments orchestration platform, has partnered with major Australian banking group The Commonwealth Bank of Australia (CBA) in order “to launch PowerBoard, a uniquely simple solution for a merchant’s technology integrations, payments, and fraud prevention needs.” Delivering a “first” in Australian banking, PowerBoard will… Read More

Sam Bankman-Fried Agrees to Testify in Front of House Committee, Depending on How Things Go Before the 13th

Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX, has agreed to testify in front of the House Committee on Financial Services contingent upon what happens from now until December 13th – the day the hearing is scheduled. As was previously reported, the Chair… Read More

Open Banking Provider Neonomics Support UNICEF Norway by Introducing Holiday Donation Campaign

Nordic open banking provider, Neonomics, has decided to support UNICEF Norway in order “to make donating this holiday period easier and more secure by harnessing the power of open banking payments.” The holiday period is “the most important time of year for charities, but with… Read More

MUFG Bank Signs Up to CLSNet, CLS’s Bilateral Payment Netting Calculation Service

MUFG Bank (NYSE:MUFG) claims it is the “first” Japanese bank to commit to using CLSNet, CLS’s bilateral payment netting calculation service “for over 120 currencies.” MUFG Bank will “join the expanding CLSNet community of global and regional banks, which includes eight of the top ten… Read More

CyVers Secures $8M Led by Elron Ventures to Bring Security to Web3 Economy

CyVers claims it is a leading provider of “proactive” Web3 Security for the centralized, decentralized finance and smart contract applications “via detection and interception of crypto attacks across blockchains.” The company has announced an $8 million investment round “led by Elron Ventures.” This funding is… Read More

Euronext Finalizes Acquisition of Tech Businesses from Nexi’s Capital Markets Activities

Euronext Group and Nexi S.p.A. recently announced “the completion of the purchase and sale of the technology businesses currently powering MTS, Euronext’s fixed-income trading platform, and Euronext Securities Milan (formerly called Monte Titoli) by Nexi to Euronext, following receipt of approvals from the competent authorities… Read More

Ford Credit Plans Commercial Vehicle Insurance, Powered by Pie Insurance

Expanding the one-stop shop of products and services offered by Ford Pro to commercial customers, Ford Credit announced plans “to launch Ford Pro Insure, a new commercial auto insurance product powered by Pie Insurance.” Jim Drotman, Ford Pro FinSimple executive vice president overseeing commercial financing… Read More

Fintech Tweeq Receives e-Money License from Saudi Central Bank

Tweeq, a Saudi Fintech, has become one of the first Fintechs in the Kingdom to receive an e-money license from The Saudi Central Bank (SAMA). The e-Money license from SAMA will allow Tweeq to launch a “super app” providing neobank features and services tailored to… Read More

Real Estate Platform CrowdProperty Hires New Compliance Officer

CrowdProperty, a property investment platform,  has appointed Richard Sinfield as Head of Compliance. The company said the new hire represents its commitment of the business to operating with the highest ethical standards and levels of transparency. Seinfield said CrowdProperty has an excellent reputation in the… Read More

User Authentication Now a Top Strategy to Secure APIs, Axway IT Industry Survey Reveals

Axway, a provider of API management and integration software, announced new data from its inaugural 2022 Open Everything Strategy Survey Report. Polling nearly 1,000 IT leaders, architects, and developers about their digital strategies and top concerns, the survey “found nearly 40% of organizations are in… Read More

Financial Stress: Majority of Healthcare Workers Find It Stressful to Manage Finances, Survey Reveals

Inflation is taking its toll on America’s healthcare workers, according to an update from DailyPay. A recent Harris Poll, “among over 2,000 U.S. adults of which nearly 200 are healthcare workers, commissioned by IntelyCare and DailyPay reveals that a majority of healthcare workers across the… Read More

Web3: Framework Ventures, Chapter One Co-Lead $3M Seed Round for Daylight

Daylight, an Application Programming Interface (API) that aggregates Web3 perks all in one place, has raised $3M in a seed round “co-led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi), and Chapter One, an early stage venture… Read More

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